1622 S Karlov Avenue

Chicago, IL 60623

Fantastic opportunity to own a fully occupied 3-unit building in the heart of North Lawndale! This investor-friendly property offers three income-producing units, providing an excellent opportunity for an investor looking to expand their rental portfolio. Unit 1 features 2 bedrooms and 1 bathroom, while Units 2 and 3 each offer spacious 3-bedroom, 1-bath layouts with bright living spaces and functional floor plans. All three units are currently rented, providing immediate rental income from day one. The property also features a convenient coin-operated laundry area and a 4-car parking slab in the rear. With all units occupied, this property offers a strong opportunity for an investor seeking an income-producing multi-unit property without the need to fill vacant units. Conveniently located near schools, parks, shopping, restaurants, public transportation, and major expressways. Add this income-producing 3-unit property to your portfolio today!

Listing Courtesy of MRED as distributed by MLS Grid of Pearson Realty Group



Based on information submitted to the MLS GRID as of 2026-09-30 09:56 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2026-09-30 09:56 AM UTC
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